Natco Pharma bags Corporate Governance Award
The award was presented by Sri M. Damodaran, former Chairman of SEBI.
Hyderabad: Natco Pharma Limited has recently announced that the company has been awarded Corporate Governance Award for the year 2021 at the virtual event held on January 6, 2022 organised by Moneylife Foundation, a non-profit organisation registered with the Charity Commissioner of Mumbai in the year 2016.
The Company has been selected from the nominations that it had received on its own from Moneylife readers, many top investors, analysts, fund managers, bankers, academics, and researchers.
The award was presented by Sri M. Damodaran, former Chairman of SEBI. The jury for selection of Corporate Governance Award for the first time are Sri R Balakrishnan, Prof. JP Singh (from IIM Ahmedabad – Retd.), Sri Gautam Bafna, Founder and CEO of Wisdom Torch Consulting Solutions LLP and Deputy Editor Sri Yogesh Sapkale as Member-Secretary.
The framework and evaluation template to judge the 35 Companies under standard parameters are Statutory compliance, board composition and functioning, communication with shareholders, shareholder-related actions, ownership structure, related-party transactions, extraordinary gestures, investor perception, etc.
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Natco Pharma Limited was incorporated in Hyderabad in the year 1981 with an initial investment of INR 3.3 million.
The company has seven manufacturing facilities spread across India with modern research laboratories, capabilities in New Drug Development, etc
